Salesforce.com 2016 Annual Report Download - page 41

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PART II
ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER
MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Market Information for Common Stock
Our common stock is traded on the New York Stock Exchange under the symbol “CRM.”
The following table sets forth for the indicated periods the high and low sales prices of our common stock as
reported by the New York Stock Exchange.
High Low
Fiscal year ending January 31, 2016
First quarter .................................... $74.65 $57.28
Second quarter .................................. $75.71 $69.16
Third quarter ................................... $78.77 $65.17
Fourth quarter .................................. $82.14 $65.69
Fiscal year ending January 31, 2015
First quarter .................................... $67.00 $48.18
Second quarter .................................. $59.49 $49.18
Third quarter ................................... $64.60 $51.04
Fourth quarter .................................. $64.74 $53.44
Dividend Policy
We have never paid any cash dividends on our common stock. Our board of directors currently intends to
retain any future earnings to support operations and to finance the growth and development of our business and
does not intend to pay cash dividends on our common stock for the foreseeable future. Any future determination
related to our dividend policy will be made at the discretion of our board and if the board chooses to declare a
cash dividend it will be in compliance with the consolidated leverage ratio covenant associated with our
revolving credit facility.
Stockholders
As of January 31, 2016 there were 210 registered stockholders of record of our common stock, including
The Depository Trust Company, which holds shares of Salesforce common stock on behalf of an indeterminate
number of beneficial owners.
Securities Authorized for Issuance under Equity Compensation Plans
The information concerning our equity compensation plans is incorporated by reference herein to the section
of the Proxy Statement entitled “Equity Compensation Plan Information.”
Outstanding Convertible Senior Notes and Warrants
In March 2013, we issued at par value $1.15 billion of 0.25% convertible senior notes (the “0.25% Senior
Notes”) due April 1, 2018 and we issued 17.3 million warrants to purchase our common stock. See Note 5
“Debt” in the Notes to the Consolidated Financial Statements for more information.
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